Bitcoin Removed From Pricing Feed Btcmyk

BitcoinMYK is removing Bitcoin from its pricing feed, arguing Bitcoin has become centralized under corporations and banks. The project promotes Bitcoin Cash, Bitcoin Satoshi Vision, and Bitcoin NYK as alternatives with community governance, positioning BitcoinMYK itself as combining Bitcoin concepts with universal basic income and decentralized decision-making.
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Welcome back to the channel. I hope you all are having a great day. So guys, today I want to talk about here on the BitcoinMYK site that we're gonna actually be removing Bitcoin from our pricing feed. That is correct. And let me get over here to it. I want to talk a little bit about, uh, what's happening and why we've come to this decision. If I can just get my camera here right. Um, pardon me for a moment. Okay, that's a little bit better. Sorry about that. Had a little technical difficulties there. Maybe Bitcoin doesn't want to be removed. So, uh-oh, it flipped back, flipped back to where I didn't want. But, uh, I'm just gonna go ahead and, um, something with my camera here. Um, but what we were just looking at was we're looking at a part of our pricing feeds. Um, and then my camera's glitching here, but, um, We're looking at part of our pricing feed, and what it does is it shows many of the cryptocurrencies that are related to us. We're probably on their exchanges. We have, uh, we're running our cryptocurrency on their blockchains and so on and so forth. So it's showing Bitcoin MYK, Bitcoin Cash, Bitcoin Satoshi Vision, Waves, um, And then you have Bitcoin Core. And what I want to talk a little bit about today is I just want to talk about this decision, and that is not to bash Bitcoin, but it is to basically speak about why we feel that it is time to part ways with Bitcoin, you know, in our business world and in our personal lives. My personal life per se. And we're much familiar with what's just happened with Bitcoin with Elon Musk. And Elon Musk had his issues with Bitcoin that he had bought over $1.5 billion worth of Bitcoin. And he made a decision that he no longer saw Bitcoin as the type of cryptocurrency he wanted to be a part of. And many people were negative to that and they didn't like that. And so what you have to understand about the Bitcoin MYK project, and I don't want to go into deep detail about the origins of Bitcoin MYK, what it's all about. Well, we've done thousands of videos and there are so many. We actually subscribe to the channel. You can learn specifically about what Bitcoin MYK is and why we believe it's the future. But looking at all these Bitcoin forks and versions of Bitcoin or these projects related to Bitcoin in some way or another. Um, we see many different approaches to Bitcoin, many developments, but in the original Bitcoin, Bitcoin Core, the entire idea is not to change, not to advance, and that's supposed to be a good thing. Let us speak about the tremendous amount of respect we have for Satoshi Nakamoto or the Satoshi Group. They have put us on a path that changed our futures forever and, uh, hopefully made it better. But what we have to understand is Satoshi and what Satoshi spoke about in the creation of Bitcoin, and really when Bitcoin came to us in 2009 the, uh, the idea of, or the conceiving of Bitcoin could have been something that could have been predating, uh, what we got a decade earlier, 20 years earlier, who knows. But Bitcoin is much older than what came out in 2009, and that limits one's perception a great deal. It meant that Satoshi couldn't see the future. I guess what I'm getting at is what we're calling Bitcoin today and what Satoshi's idea of Bitcoin is. Because he's not around or haven't come forward to tell us, or he has if you believe he's Craig Wright. And if you believe he's Craig Wright, you know, you should maybe be in Bitcoin Satoshi's Vision's coin. But, You know, without him being around to tell us what was going on, uh, we don't even really know if what we're getting with Bitcoin is really what he had in mind. And we don't know if he would want— if he would have wanted to change Bitcoin, uh, in the present. What we see today in Bitcoin is something that we can no longer go along with, and that's why I want to remove it from, from our sight. Although we have tremendous respect for the early history of Bitcoin, what we're seeing today, Bitcoin being controlled by corporations, institutions, and banks, it does— it no longer feels like the people's coin. And we, you know, we can no longer endorse that. Now I am keeping up Bitcoin Cash, Bitcoin Satoshi Vision. Not only do we have run our token on those chains as well. So if you're a Bitcoin Cash supporter, if you're a Bitcoin Social Vision supporter, you know, we're part of the team. We're, you know, we're part of that movement as well because our cryptocurrency is tradable and usable on those chains. So you can participate with the BitcoinNYK project without leaving your prospective chains. But the reason we can't go along with Bitcoin, not only those things that we just mentioned, not only the tweets like what we got from Elon Musk about the tremendous waste, the high-risk speculative nature of Bitcoin, there are a lot of negatives there. But with many of the modern-day projects, whether it be Bitcoin Cash, Bitcoin Satoshi Vision, Bitcoin NYK, making your crypto with knowledge. These are systems that we as a community through governance can change for the better if need be. And, uh, we can't do that with Bitcoin. I don't think it's going to be a model for the future any longer. Um, and so I think it's time for us to break from relation to Bitcoin, but to say we're BitcoinNYK and we're going forward into the future. So we We will be removing Bitcoin from the site, from our pricing feed. And I know a lot of people might, you know, maybe a lot of people may not even care because they might not go to the site to see what's happening with prices of anything, right? Especially if they're not interested in Bitcoin and YK Project. Excuse me. But I think it does speak to a much higher volume of ideas of how people are starting to view what Bitcoin has become today. And, uh, of course, many of the Bitcoin forks, uh, Bitcoin Cash, I think, has done a tremendous job as a currency, uh, with vendor acceptance. And I think that makes a lot of sense. Bitcoin Satoshi Vision, I, I think it's going to be the Bitcoin you can build on. Of course, you can do that with Bitcoin Cash too, but I, I think you're going to see promising in many of these projects. And Bitcoin MYK to me is going to be where Bitcoin meets universal basic income and creates the best distribution system we've seen in cryptocurrency. You see, folks, the problem with decentralization, if you're going to call it that, you're never going to have that as long as you have still, uh, corporations, institutions owning so much of the Bitcoin that is no longer the people's coin, right? That is going to create a duplicate financial system to what we've just walked out of, and I don't think that's really what the cryptocurrency community wants. And so we want to kind of break from that, right? With our Universal Basic Income project, it is almost impossible for that to happen, for there to be this kind of centralization with the banking institutions as such, because Bitcoin is based so much on this capitalistic model, uh, that is bound to happen. And, uh, that's not going to be good, we think, for, uh, where we think cryptocurrency can lead for the advancement of human beings, because I don't care how decentralized algorithm-wise you make a system. If there isn't decentralization of wealth, then you haven't accomplished much because the Bitcoin that you own is not just the monetary value. Bitcoin is the code. The Bitcoins you move The UXTOs, you're right. These are the actual platform, right? This is the network. So if you own all the Bitcoin, you're going to own all the network, right? It's that simple, folks. And so if you don't find a way to check the wealth situation, you're not going to have decentralization, at least not where it matters. And so that's very important to keep in mind. So that's why we're going to be removing that. Bitcoin, um, from the site and forging forward into what we believe is going to be a great future in cryptocurrency. But that's all I want to say in this video. If you like content like this, don't forget to like, subscribe, and until next time, as always, take care.
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